Digital Textile Printing Market
Business Research Company global market reports have been updated with the most current market sizing data for 2023. Forecasts are also provided up to 2032.
According to the Business Research Company’s Digital Textile Printing global market report 2023, the growing demand for textiles is the main driver of the Digital Textile Printing industry’s growth during the forecast period. The textile industry includes designing, manufacturing, and distributing clothing and yarn. Digital textile printing can add colour, pattern, and uniqueness to textile fabrics. The digital designs can be embossed in a variety fabrics. Digital printing is becoming more popular due to the growth of the textile industry.
Globally, the digital textile print market is predicted to grow by 16.46% annually from $2.55billion in 2020 to $2.96billion in 2030. At least in the short-term, the Russia-Ukraine conflict has disrupted global economic recovery after the COVID-19 Pandemic. The war between the two countries led to sanctions against multiple countries and an increase in commodity prices. It also caused supply chain disruptions and inflation. Digital textile printing is projected to grow at a 14.40% CAGR by 2027, reaching $5.08 billion.
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AM Printex Solutions and Huntsman Corporation are the major competitors in this market.
Technology development is a key market trend for Digital Textile Printing. In order to maintain their position in the market, major players in digital textile print focus on developing new technologies, like UV gel technology. UV gel technology offers high-quality printing, rapid drying, and high performance in one process. UVgel technology separates printing and curing, giving the UVgel time to settle down and produce an even, flat coating. Canon, a Japanese information systems, professional and consumer imaging equipment manufacturer, will launch its Colorado 1630 UVgel Roll-to-Roll printer in May 2021. Colorado 1630, an industrial printer with UVgel technology integrated, is a high-quality device.
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The Digital Textile Printing industry is segmented.
1. By Printing Technique: Screen Printing, Inkjet Printing, Dye Sublimation
2. DTG (Dynamic Transfer Printing) is a printing process that uses a roll to roll.
3. Types of ink: Reactive, Pigment (sublimation), Acid, Other types
4. By application: Industrial, Textile and Decor, Soft Signage Direct to Garment
5. Asia-Pacific (Asia-Pacific), Western Europe (Western Europe), Eastern Europe (Eastern Europe), North America (North America), South America(South America), Middle East and Africa. Europe was the largest region in the Digital Textile Printing market.
The “Global Digital Textile Printing Market Report, 2023” by Business Research Company provides an in-depth understanding of the global market. The report provides information on market size, segmentation, growth rate and trends across all regions and countries. The report provides insight on historical and future growth to assist players in analyzing and strategizing better.
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The table of contents for the digital textile printing market includes:
1. Executive Summary
2. Characteristics of Digital Textile Printing Industry
3. Digital Textile Printing Market Strategies And Trends
4. Digital Textile Printing Market – Macro Economic Scenario
5. Digital Textile Printing Industry Size and Growth
……
26. Africa Digital Textile Printing Market
27. Digital Textile Printing Market: Competitive Landscape and Company Profiles
28. Digital Textile Printing Market: Mergers and Acquisitions
29. Future Outlook for Digital Textile Printing Market Analysis
30. Appendix
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